Cargando…
What?s Different about Bank Holding Companies? /
The recent fnancial crisis highlighted the role of Bank Holding Companies (BHCs) in exacerbating the crisis and in transmitting monetary policy beyond the local economy to global markets. Yet, little is known about their behavior, as most models of banking typically focus on banks with a loan desk....
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| Colección: | IMF working paper ;
WP/17/26. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | EBSCO_ocn989715812 | ||
| 003 | OCoLC | ||
| 005 | 20231017213018.0 | ||
| 006 | m o d | ||
| 007 | cr |n||||||||| | ||
| 008 | 170609s2017 dcu o 000 0 eng d | ||
| 040 | |a IDEBK |b eng |e pn |c IDEBK |d EBLCP |d MERUC |d OCLCQ |d IDEBK |d WRM |d YDX |d CUY |d CEF |d N$T |d AGLDB |d IGB |d OCLCQ |d G3B |d S8J |d S8I |d D6H |d BTN |d AUW |d INTCL |d MHW |d SNK |d OCLCQ |d OCLCO |d OCLCQ | ||
| 019 | |a 989038191 | ||
| 020 | |a 1475579705 |q (electronic bk.) | ||
| 020 | |a 9781475579703 |q (electronic bk.) | ||
| 029 | 1 | |a AU@ |b 000067149684 | |
| 035 | |a (OCoLC)989715812 |z (OCoLC)989038191 | ||
| 037 | |a 1013874 |b MIL | ||
| 050 | 4 | |a HG2567 | |
| 072 | 7 | |a BUS |x 027000 |2 bisacsh | |
| 082 | 0 | 4 | |a 332.16 |2 23 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Chami, Ralph, |e author. | |
| 245 | 1 | 0 | |a What?s Different about Bank Holding Companies? / |c by Ralph Chami, Thomas F. Cosimano, Jun Ma and Céline Rochon. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c 2017. | ||
| 300 | |a 1 online resource | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/17/26 | |
| 588 | 0 | |a Online resource; title from PDF file page (EBSCO, viewed October 9, 2018). | |
| 505 | 0 | |a Cover; CONTENTS; I. Introduction; II. The Financial Market; A. Estimates of the Term Structure; III. The Bank Holding Company Model; A. Regulatory Constraints; A.1 Counter Cyclical Buffer; IV. The Role of the Trading Desk; A. The Role of the Attitude Toward Risk; B. The Role of Leverage; V. The Role of the COO; A. Determining the Optimal Loan Margin; B. Yield Curve, Regulatory Constraints, and Loan Rates; C. The Choice of Capital for the Loan Desk; D. The Probability of Distress and Loan Desk's Capital; VI. Is Ring-Fencing Optimal?; VII. Monetary Policy, Bank Capital, and Financial Stability. | |
| 520 | 3 | |a The recent fnancial crisis highlighted the role of Bank Holding Companies (BHCs) in exacerbating the crisis and in transmitting monetary policy beyond the local economy to global markets. Yet, little is known about their behavior, as most models of banking typically focus on banks with a loan desk. We develop a dynamic model of a BHC that encompasses both a trading desk and a loan desk, and explore the role of risk attitude and overleveraging by the trading desk. We trace the impact of monetary policy and market innovations on bank behavior in the presence of Basel III type regulations. To our knowledge, this is a first such exercise. We show that the value of the BHC is enhanced by operating both desks, even if they both are subject to common market shocks. We explore alternative regulatory remedies to ongoing efforts to ring-fence the proprietary trading business, and show that regulations that target bank governance can mitigate possible rogue trading and the overleveraging problem. | |
| 590 | |a eBooks on EBSCOhost |b EBSCO eBook Subscription Academic Collection - Worldwide | ||
| 650 | 0 | |a Bank holding companies |x Economic aspects. | |
| 650 | 0 | |a Banks and banking |x Regulation. | |
| 650 | 6 | |a Holdings de banque |x Aspect économique. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Finance. |2 bisacsh | |
| 700 | 1 | |a Cosimano, Thomas F., |e author. | |
| 700 | 1 | |a Ma, Jun, |e author. | |
| 700 | 1 | |a Rochon, Céline, |e author. | |
| 830 | 0 | |a IMF working paper ; |v WP/17/26. | |
| 856 | 4 | 0 | |u https://ebsco.uam.elogim.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1529312 |z Texto completo |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL4869526 | ||
| 938 | |a EBSCOhost |b EBSC |n 1529312 | ||
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n cis38307226 | ||
| 938 | |a YBP Library Services |b YANK |n 14543782 | ||
| 994 | |a 92 |b IZTAP | ||